Escrow.com, a premium sponsor of DomainGang, has released its domain investment report for Q3 of 2019.
The Escrow.com Domain Investment Index for Q3 2019 provides insight into the domain name market for the 2019 September quarter as compared to previous quarters.
The latest data from Escrow.com, the world’s largest online escrow provider for internet domain names and a range of other items, shows that longer domain names rose in popularity over the quarter.
Domain names using letters saw across-the-board rises in median price, regardless of length. Domains with four, five or even six letters saw strong price growth in Q3 2019.
Meanwhile, demand for domain names by country remains volatile. After a strong Q2, China fell sharply in total transaction value for Q3, while the United Kingdom overtook it as the second strongest market for domain name sales. The United States retains its spot at number one with the highest total transaction value.
According to the report:
- The total value of domain names transacted rose to US$69.3 million in Q3 2019, up from US$68.6 million in Q2 2019
- Although 2-3 character domains continue to attract the highest prices, the report shows a trend of longer domain names rising in value, and letters are more popular than numbers, regardless of length.
- Demand for domain names by country remains volatile: After a strong Q2, China fell sharply in total transaction value for Q3, while the United Kingdom overtook it as the second strongest market for domain name sales. The United States retains its spot at number one with the highest total transaction value.
The report can be reviewed below:
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